Gilan Research and Technology Fund helps businesses and knowledge-based companies by providing various types of guarantees, enabling them to fulfill their commitments in projects and commercial transactions and to receive reliable financial support.
The types of guarantees provided by the Fund fall into four main categories
Advance Payment Guarantee
This guarantee assures the employer that if an advance payment is made to the contractor, the obligations will be properly fulfilled.
Payment Guarantee
This guarantee ensures that the contractor will fulfill their financial obligations to the employer on time and in full.
Performance Guarantee
This type of guarantee is an assurance for the employer to ensure that the project will be completed fully and with the expected quality.
Bid Bond
This guarantee ensures that if the contractor wins the tender or auction, they will fulfill their obligations.
Guarantee Application
Process The stages from application submission to receiving the guarantee include four steps:
Completing the online form and submitting initial documents through the system.
Based on the project type and applicant's needs, the appropriate type of guarantee is determined and proposed.
The Fund's specialized team reviews the applicant's documents and financial conditions to ensure their eligibility.
After final approval and payment of fees, the guarantee is issued and delivered to the applicant.
Frequently Asked Questions
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- How long does it take for a guarantee to be issued?
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The issuance of a guarantee typically takes between 7 to 10 business days, depending on the completion of documents and necessary reviews. If all documents are fully submitted and all approval stages are completed quickly, this process can be faster.
- Is it possible to issue guarantees for projects outside Gilan province?
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Yes, Gilan Research and Technology Fund can issue guarantees for projects outside the province, provided that the applying company meets the necessary conditions and the projects are approved by the Fund.
- How much does issuing a guarantee cost and how is it calculated?
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The cost of issuing a guarantee varies depending on the type of guarantee, validity period, and the guaranteed amount. These costs are calculated separately based on the Fund's tariffs and the conditions of each project. For a more accurate estimate, you can contact the Fund's support department
